Review of Pre-open call of Nifty Fut:- cmp 16270

BY A STAFF REPORTER
Op : 16259.90 & initial low 16237.75 then High 16359 & then vertically corrected erasing total morning gain, new low printed at 16209.50 but maintained expected support 16200 & bounced upto 16291.95. cmp 16270.

1. Buy above 16276 executed - Buying Tgt 16333 met.
2. Sell on rally @ 16333 & upto 16350 executed - Selling Tgt 16240-220 met.
3. Buy on dips @ 16220 executed & 2nd time pulled back upto 16291.95.

Remarks :- As per pre-open Initial Buy then Sell on Rally & then buy on dips executed & properly worked – so volatility is still there. *Sell on Rally & Buy on dips strategies are working today also. *

Current trading Range :- 16150 to 16350.

Source : Eureka

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